Samsung Galaxy S7 Could Cost 10% Less Than Expected At Launch
Samsung Electronics is expected to announce changes to its corporate management in December. One can’t help but think that such changes would affect its product line in one way or the other.
Analyst Pan Jiutang thinks that it could indirectly influence the mobile sector of the South Korean tech giant. Samsung is the largest selling mobile phone brand in the world, but it’s constantly facing a stern challenge from Chinese manufacturers who offer on-par performance devices for a much lower price.
Because of this reason, Jiutang has heard that Samsung might consider reducing the upcoming Galaxy S7 price tag by 10% of the usual flagship prices.
This comes after Samsung Vice Chairman Kwon Oh-Hyun’s informal approval of how IT products are entering a slower growth phase than the one experienced in the past decade. To adjust to this growth phase, the business aspect needs to cater to the more generic demands, of which ‘affordable flagship’ (if there ever was such a thing) is one of them.
It’s not going to be an entirely new move by Samsung if it does happen, as Samsung implemented a similar idea with the S6 and S6 Edge by cutting their prices by around 10%. It’s probably the least the tech giant can do to counter the price tactics aggressively used by Chinese smartphone manufacturers.